News

APG adopts FATF statement on Japan

28 July 2014

Concerned about the lack of AML/CFT progress by Japan to remedy the deficiencies identified in its joint FATF/APG 2008 mutual evaluation report, the FATF issued a public statement in relation to Japan during its June 2014 plenary meeting. APG members also considered Japan’s progress at the APG’s 17th Annual Meeting in Macao, China. On 16 July 2014 the APG agreed to:

Endorse the FATF’s concerns about Japan;

Adopt the FATF’s public statement on Japan;

Include a link to the FATF’s statement on the APG website, in lieu of issuing a separate APG public statement.